Time Warner is in talks to sell the majority of its Time Inc magazine division to Meredith Corp, according to a source familiar with the situation. The valuation being ascribed to Time Inc, with titles such as Time, Sports Illustrated and People, ranges from $2 billion to $3.5 billion.

As fiscally painful as it is to send a child to college, you can actually save money when your son or daughter goes off to school. Here are five areas where you can find that extra cash, plus one "cost-cutting" trick to avoid.

Sure, you could make your investment decisions based on boring methods like research and analysis. Or you could take a more exciting approach: Leading Asian brokerage CLSA Asia-Pacific Markets has released its "feng shui index" for year of the black water dragon.

We learned last week that former NFL star Chris McAlister, a three-time Pro Bowler, is broke and living with his parents after just a year out of the league. But he's hardly the first sports icon to blow through the cash in a flash. In his honor, here are our 10 favorite professional asset-annihilating athletes.

Magazine publishers are at great pains these days to please Apple (AAPL), whose fast-selling tablet computer, the iPad, just may be the key to their future survival. But following all the persnickety dictates handed down by Steve Jobs isn't always easy, as Sports Illustrated recently realized.